Liquidia Technologies (LQDA) Soars 14.1%: Is Further Upside Left in the Stock?
LQDALiquidia Corp(LQDA) ZACKS·2024-09-12 20:01

Liquidia Technologies, Inc. (LQDA) shares rallied 14.1% in the last trading session to close at 10.16.Thismovecanbeattributabletonotablevolumewithahighernumberofsharesbeingtradedthaninatypicalsession.Thiscomparestothestock′s3310.16. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 33% loss over the past four weeks.The sudden rise in the stock price was observed after Liquidia announced the pricing of an underwritten public offering and a concurrent private placement which is expected to raise gross proceeds of approximately 67.5 millio ...